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• If you are wondering whether Trade Desk is now a bargain or still looks expensive, the key is to separate the recent share price slide from the company’s underlying value.

• The stock last closed at US$25.16, with returns of a 1.3% decline over 7 days, a 25.6% decline over 30 days, a 33.2% decline year to date, a 65.3% decline over 1 year, a 54.6% decline over 3 years, and a 63.8% decline over 5 years.

• These moves sit against a backdrop of ongoing interest in digital advertising and programmatic platforms, where Trade Desk often features in investor discussions about long term opportunities and risks. Broader…